Thursday, July 6, 2017

Michael Arlen Davis (MAD) and Rudolf Steiner Foundation (RSF) secretly accumulated a combined 33% control stake in Cyanotech so that they would be able to direct the company’s operations.

MAD and RSF are long-term closely-aligned partners dedicated to the ideas of their hero, Rudolf Steiner, including Steiner's teachings around biodynamic farming. Before Cyanotech, they joined together as co-owners of Filigreen Farm, a biodynamic vineyard in Mendocino County, California.

So, why is Cyanotech's board of directors so committed to keeping MAD around? What does MAD bring to Cyanotech besides crisis, controversy and poor performance? Is the answer MAD's expertise in biodynamic farming - do they need someone to collect and stir the manure?